TPYP vs. ENFR
Compare and contrast key facts about Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR).
TPYP and ENFR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TPYP is a passively managed fund by Tortoise that tracks the performance of the Tortoise North American Pipeline Index. It was launched on Jun 30, 2015. ENFR is a passively managed fund by SS&C that tracks the performance of the Alerian Midstream Energy Select Index. It was launched on Nov 1, 2013. Both TPYP and ENFR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPYP or ENFR.
Correlation
The correlation between TPYP and ENFR is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TPYP vs. ENFR - Performance Comparison
Key characteristics
TPYP:
1.74
ENFR:
1.52
TPYP:
2.17
ENFR:
1.92
TPYP:
1.33
ENFR:
1.29
TPYP:
2.47
ENFR:
1.92
TPYP:
9.05
ENFR:
7.35
TPYP:
3.59%
ENFR:
4.06%
TPYP:
18.76%
ENFR:
19.64%
TPYP:
-51.91%
ENFR:
-68.28%
TPYP:
-4.62%
ENFR:
-6.81%
Returns By Period
In the year-to-date period, TPYP achieves a 4.41% return, which is significantly higher than ENFR's 2.08% return.
TPYP
4.41%
-2.65%
10.10%
31.56%
23.25%
N/A
ENFR
2.08%
-4.15%
9.19%
28.88%
27.69%
6.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TPYP vs. ENFR - Expense Ratio Comparison
TPYP has a 0.40% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Risk-Adjusted Performance
TPYP vs. ENFR — Risk-Adjusted Performance Rank
TPYP
ENFR
TPYP vs. ENFR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TPYP vs. ENFR - Dividend Comparison
TPYP's dividend yield for the trailing twelve months is around 3.88%, less than ENFR's 4.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPYP Tortoise North American Pipeline Fund | 3.88% | 3.95% | 4.83% | 4.48% | 4.86% | 6.14% | 4.44% | 4.58% | 3.71% | 3.18% | 1.48% | 0.00% |
ENFR Alerian Energy Infrastructure ETF | 4.40% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% | 2.15% |
Drawdowns
TPYP vs. ENFR - Drawdown Comparison
The maximum TPYP drawdown since its inception was -51.91%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for TPYP and ENFR. For additional features, visit the drawdowns tool.
Volatility
TPYP vs. ENFR - Volatility Comparison
Tortoise North American Pipeline Fund (TPYP) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 12.10% and 12.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.